Refining - 30 March 2015

Caltex welcomed new investors to its share register following the successful sell down by Chevron of its 50% shareholding.

Tesoro Corporation has announced that the Martinez refinery in California has begun the restart process.

The new company will provide services for projects across the upstream, midstream and downstream oil and gas sectors.

Rosneft’s oil refineries in Russia’s Samara region have completed the necessary upgrades to produce Euro 5 gasoline products.

Saudi Arabia cannot command a premium for its crude in Asia if it needs to protect its market share, according to Wood Mackenzie.

Brazil's Petrobras has announced plans to close its refinery on the Japanese island of Okinawa.

Copperchase has secured a contract with Hyundai Engineering and Construction to construct a new security fence for an oil refinery in Iraq.